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Top-end property rebounds best after rate cut
Published 1 year, 1 month ago
Description
The upper end of the market - defined by properties which rank in the 25 per cent of most expensive sales - is the layer that is moving up after the rate cut. And that means the post-rate cut bounce is concentrated in the two largest cities of Sydney and Melbourne. In fact, Melbourne might finally be turning a corner.
Property analyst Eliza Owen of Corelogic joins James Kirby in this episode.
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In today's show, we cover...
- What investors must know about property trends after the rate cut
- Melbourne manages a one-month rebound..is there more to come?
- The window for first-time home buyers may be closing
- Queensland towns notch up remarkable price activity - take a look at Townsville!
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